The Risk of Cascading Failures in Catastrophic Events

Event: International Insurance Seminar: In Pursuit of a More Resilient and Inclusive Insurance Sector

The Risk of Cascading Failures in Catastrophic Events

22 October 2013
Author / Speaker: 
Edward Mishambi, RenaisanceRe - Other materials by the author

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Cascading failure is failure of individual components in a network which affects the performance of the system or connected systems. Global reinsurers have risk models to quantify this risk and help businesses and governments take proactive measures to limit the worst consequences of cascading failures.

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Type of Content: 
Learning Event


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